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Saline Reporter in Saline, Michigan

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Saline Reporter

Location

Saline, Michigan, United States of America

Date

Aug 06, 1958

Page

6

Saline Ordinance authorizes water system bonds for upgrades

Ordinance No. 147 authorizes acquisition and construction of water supply and sewage disposal system additions in Saline Michigan. It allows issuing water supply and sewage disposal system revenue bonds equal in standing to existing bonds to fund the trunk sewer to the new high school and Barnegyat area, with bond payments secured by system revenues and a statutory lien.

City OF Saline Michigan Washtenaw County Barneygat Ayres, Lewis, Norris and May Ann Arbor Ayres Lewis Norris and

Saline Ordinance Passes for Water System Bond Issue

The City of Saline adopts an ordinance to issue twenty 1 000 to 2 000 dollar revenue bonds totaling 20 000 for Water Supply and Sewage Disposal additions. The bonds fund trunk sewer extensions, with repayment secured by system revenues and school district cash. Bond terms include interest up to 5 percent, redemption options, and reserve fund provisions.

Michigan Saline CITY BANK Detroit City General Bee Aen Eee Ee Ee Ee Citizens Bank General Eee Ee Ee Ara Eee Eee Citizens Bank General Fund Kutchins Company

Also Mentioned on This Page

City OF Saline Seermian, Johnson, and Wolfman, Certified Public Accountants Simmons Trust U. S. Bonds Poor Fund Total—General Fund Total—Special Assessment Fund State of Michigan Public Works Municipal Finance Commission Michigan Department of Health TOTAL Municipal Equity Saline Savings Bank General Saline Savings Bank State of Michigan Detroit Bank and Trust Co Weeee Bere Eam Eee Saher Reese Ewan Eee Wees U. S. Treasury
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